Vyntra, a Yverdon-based provider of transaction intelligence, has launched Payment App Protection, a solution designed to detect and prevent money mule activity and payment fraud in real time.

The move comes as mobile payment applications increasingly become a channel for scams, fake listings, account takeovers, and social engineering attacks.

The system analyses customer data, transaction behaviour, and network risk scores to identify fraudulent activity before funds are released.

It allows pre-authorisation checks and can block suspicious payees, merchants, and accounts involved in laundering schemes, while leaving control with the bank or payment provider.

The growth of secondhand marketplaces and instant money transfers has introduced new vulnerabilities for financial institutions and consumers.

Limited regulatory oversight and weaker protections have made mobile payment apps a frequent target for criminals.

Payment App Protection provides real-time visibility into risky transaction patterns and includes a Community Scoring & Intelligence feature, enabling banks to share and benefit from fraud detections across the financial network.

Yoann Vandendriessche, Chief Product Officer, said:

“Payment apps have become one of the fastest growing channels for financial crime and with Payment App Protection, we can help banks and payment providers to act instantly against emerging fraud threats, allowing them to share intelligence securely and deliver safer and more trusted digital experiences to their customers.”

Vyntra, formed from the merger of NetGuardians and Intix, serves over 130 financial institutions in more than 60 countries, providing tools for fraud detection, anti-money laundering compliance, and real-time transaction monitoring.

Featured image credit: Edited by Fintech News Switzerland, based on image by DC Studio via Freepik